Mainstream Renewable Power Accesses Africa Clean Energy Equity Fund

Global renewable energy developer Mainstream Renewable Power has signed $117.5m  equity investment from investors including IFC, the IFC African, Latin American and Caribbean Fund (ALAC) and the IFC Catalyst Fund, two funds managed by IFC Asset Management Company, Ascension Investment Management and Sanlam to accelerate the build-out of megawatts of wind and solar plants across […]

New IFC and Ecobank Facility to Finance SMEs in Africa

IFC, a member of the World Bank Group, and Ecobank Transnational Incorporated, parent company of the Ecobank Group and leading pan-African full-service banking group, today announced the launch of a $110 million risk-sharing facility that will increase access to finance for small and medium sized enterprises (SMEs) in fragile and conflict-affected states in West and […]